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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2352 State Rte 26 Endicott, NY 13760-6418

    • Office buildings
    • 3,465 SF
    • 1.04 lot acres
    OFF-MARKET
    Last Sale
    May 03, 2022
    $150,000
    Value Estimations
    $210,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2734562
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Arjun J. Patel, MD / Internist
    • Preventive Family Care, Maine, NY - Pain Treatment, Primary Care, Depression Therapy / Medical Clinic / Doctor
    • Kristen E. Robillard, MD / Family Practice Physician

    Property Details for 2352 State Rte 26

    Year built
    1974
    Lot size
    1.04 lot acres
    Property size
    3,465 SF
    Property type
    Office buildings
    APN
    033800 091.17-1-1
    APU
    338000911711

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $190,000
      ML approach
      $140,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $265,000
      Market price range: $101k - $265k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Endicott
    County
    Broome
    State
    New York
    Longitude
    -76.0665
    Latitude
    42.1781
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $15,300
    $159,700
    $175,000
    -
    $31,225
    $325,918
    $357,143

    Comparable in this City

    • Value Estimation
      $325,000
      7,006 SF

      1329 Campville Rd

      PROFESSIONAL BUILDING • 7,006 SF
      1329 Campville Rd, Endicott, NY 13760-4413
      View Details
    • Value Estimation
      $280,000
      4,367 SF

      565 Hooper Rd

      PROFESSIONAL BUILDING • 4,367 SF
      565 Hooper Rd, Endicott, NY 13760-1953
      View Details
    • Value Estimation
      $225,000
      3,024 SF

      3001 Main St

      PROFESSIONAL BUILDING • 3,024 SF
      3001 Main St, Endicott, NY 13760-5843
      View Details
    • Value Estimation
      $260,000
      1,736 SF

      1500 Main St

      OFFICE BUILDING • 1,736 SF
      1500 Main St, Endicott, NY 13760-5434
      View Details
    • Value Estimation
      $280,000
      10,625 SF

      1001 Main St

      OFFICE BUILDING • 10,625 SF
      1001 Main St, Endicott, NY 13760
      View Details
    • Value Estimation
      $270,000
      8,765 SF

      200 Washington Ave

      OFFICE BUILDING • 8,765 SF
      200 Washington Ave, Endicott, NY 13760-9998
      View Details

    Similar Nearby for Sale

    • $2,500,000
      41,000 SF

      Endicott Office Building For Sale

      Office building with a history of full occupancy and parking.
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    • $1,650,000
      8,269 SF

      Endwell, NY Office Building

      Class A Office, 8,269 SF, High Demand
      333 Hooper Rd, Endwell, NY 13760
      View Details
    • $395,000

      Endicott Office Building - Great Location

      Prime Endicott office space, excellent access.
      679 Main St, Endicott, NY 13760
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    • $1,650,000

      Class A Office Building, Endwell, NY

      Prime Medical Office Space - Lease or Buy
      333 Hooper Rd, Endwell, NY 13760
      View Details
    • $2,950,000
      41,000 SF

      Grant Avenue Office Building

      Endicott, NY Office Space - $2.95M
      111 Grant Ave, Endicott, NY 13760
      View Details
    • $2,500,000
      30,000 SF

      Manufacturing Facility with Class A Office

      State-of-the-art manufacturing facility with Class A office space.
      1239 Campville Rd, Endicott, NY 13760
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,791 SF

      Endicott Industrial/Office Space

      8,791 SF Single-Tenant Warehouse/Office
      1060 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing
      362,258 SF

      Endicott Industrial Space For Lease

      Large Manufacturing Space Available in NY
      1701 North St, Endicott, NY 13760
      View Details
    • $14 SF/Yr

      Class A Medical Office Space

      5,513 SF of upgraded medical office space for lease.
      333 Hooper Rd, Endwell, NY 13760
      View Details
    • $8 SF/Yr

      Professional Office Space Available

      Professional office space for lease in Endicott, NY.
      1310 North St, Endicott, NY 13760
      View Details
    • Contact for pricing
      17,914 SF

      Endicott Executive Office Suites

      Prime Endicott office space for lease.
      22 Adams Ave, Endicott, NY 13760
      View Details
    • $600 /Mo
      7,325 SF

      Endicott Retail/Office Space For Lease

      Premium retail and office space in Endicott's thriving community.
      55-57 Washington Ave, Endicott, NY 13760
      View Details
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    2352 State Rte 26
    Endicott, NY 13760-6418
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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